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Vitesse Psp Limited

08461258

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

9TH FLOOR, LONDON, EC2V 6DN
Incorporated 25/03/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Paul Townsend

director · Since 25/03/2013

CONSULTANT/DIRECTOR

BRITISH · ENGLAND · Age 62

Mr Phillip James Mcgriskin

director · Since 05/05/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 3 other boards

Ohs Secretaries Limited

secretary · Since 28/01/2020

Also on 436 other boards

Mr Andrew Paul Gregson

director · Since 01/01/2025

NON-EXECUTIVE DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 2 other boards

Mr Mark Edward O'Brien

director · Since 01/01/2025

ACCOUNTANT

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Vitesse Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

9th Floor, 107 Cheapside, London, EC2V 6DN

Reg: 15658466 · Companies House · Limited By Shares

Notified 30/09/2024

Former PSCs

Mr Stefan Burkwood

Ceased 25/03/2017

Mr Christopher James Palmer

Ceased 25/03/2017

Mr Phillip Mcgriskin

Ceased 25/03/2017

Mr Paul Townsend

Ceased 25/03/2017

Sake Bosch

Ceased 16/03/2023

Charges0 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 19/06/2018Registered 06/07/2018Satisfied 24/04/2020

CompanyRankvs 1732+ SIC 64999 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.04× · 12/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the group’s or the parent company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other information The directors are responsible for the other inf

Key FinancialsYear ending 31/03/2024

Turnover

£24.8M

Annual revenue

Net Worth

£17.3M

Balance sheet strength

Cash

£426.1M

Cash in the bank

Profit Before Tax

£630k

Bottom line earnings

Net Current Assets

£16.7M

Working capital

Current Assets

£430.9M

Current Liabilities

£414.2M

Fixed Assets

£1.2M

Debtors

£4.8M

Cost of Sales

£1.6M

Gross Profit

£23.3M

Admin Expenses

£23.4M

Operating Profit

-£126k

Profit After Tax

£667k

141avg. employees

People Costs

Wages & salaries£12.0M
NI contributions£1.3M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20241.04

Derived from filed accounts. Not audited figures.